DEBAVEYE GEERT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DEBAVEYE GEERT
Largest movements
- Cash +€30,630
up €30,630 (+22.7%), from €135,101 to €165,731
mainly Net result for the year (+€37,541) and Depreciation (+€10,607)
- Current investments +€20,185
new in 2025: €20,185
- Tangible fixed assets -€10,607
down €10,607 (-30.3%), from €35,053 to €24,445
of which Furniture and vehicles: -€9,193
- Reserves +€37,541
up €37,541 (+27.9%), from €134,413 to €171,953
- Accrued charges and deferred income +€4,860
new in 2025: €4,860
- Tax, wage and social debts -€4,050
down €4,050 (-18.9%), from €21,399 to €17,348
- Gross operating margin +€2,362
up €2,362 (+3.8%), from €62,530 to €64,892
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,635 | €211,757 | +€40,122 | +23.4% |
| Fixed assets | 21/28 | €35,053 | €24,445 | -€10,607 | -30.3% |
| Tangible fixed assets | 22/27 | €35,053 | €24,445 | -€10,607 | -30.3% |
| Land and buildings | 22 | €2,197 | €2,174 | -€22 | -1.0% |
| Plant, machinery and equipment | 23 | €1,393 | €0 | -€1,393 | -100% |
| Furniture and vehicles | 24 | €31,464 | €22,271 | -€9,193 | -29.2% |
| Current assets | 29/58 | €136,582 | €187,312 | +€50,730 | +37.1% |
| Amounts receivable within one year | 40/41 | €227 | €81 | -€147 | -64.6% |
| Trade receivables | 40 | €227 | €81 | -€147 | -64.6% |
| Current investments | 50/53 | - | €20,185 | +€20,185 | |
| Cash at bank and in hand | 54/58 | €135,101 | €165,731 | +€30,630 | +22.7% |
| Deferred charges and accrued income | 490/1 | €1,254 | €1,316 | +€62 | +5.0% |
| Total equity and liabilities | 10/49 | €171,635 | €211,757 | +€40,122 | +23.4% |
| Equity | 10/15 | €140,613 | €178,153 | +€37,541 | +26.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,413 | €171,953 | +€37,541 | +27.9% |
| Distributable reserves | 133 | €134,413 | €171,953 | +€37,541 | +27.9% |
| Amounts payable | 17/49 | €31,022 | €33,603 | +€2,582 | +8.3% |
| Amounts payable within one year | 42/48 | €31,022 | €28,743 | -€2,278 | -7.3% |
| Trade debts | 44 | €27 | €161 | +€134 | +495% |
| Suppliers | 440/4 | €27 | €161 | +€134 | +495% |
| Taxes, remuneration and social security | 45 | €21,399 | €17,348 | -€4,050 | -18.9% |
| Taxes | 450/3 | €21,399 | €17,348 | -€4,050 | -18.9% |
| Other amounts payable | 47/48 | €9,596 | €11,234 | +€1,638 | +17.1% |
| Accrued charges and deferred income | 492/3 | - | €4,860 | +€4,860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,359 | €10,607 | +€248 | +2.4% |
| Other operating charges | 640/8 | €2,109 | €1,734 | -€375 | -17.8% |
| Gross operating margin | 9900 | €62,530 | €64,892 | +€2,362 | +3.8% |
| Operating profit (loss) | 9901 | €50,062 | €52,551 | +€2,488 | +5.0% |
| Financial income | 75/76B | €151 | €0 | -€151 | -100.0% |
| Recurring financial income | 75 | €151 | €0 | -€151 | -100.0% |
| Financial charges | 65/66B | €840 | €839 | -€1 | -0.1% |
| Recurring financial charges | 65 | €840 | €839 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €49,373 | €51,711 | +€2,338 | +4.7% |
| Income taxes | 67/77 | €13,782 | €14,171 | +€388 | +2.8% |
| Profit (loss) for the period | 9904 | €35,590 | €37,541 | +€1,950 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,590 | €37,541 | +€1,950 | +5.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.